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they considered draconian cuts, harry reid and mitch mcconnell said there's a select committee that will spread the cuts all over, you know, over evenly, and that didn't happen, bottom line is, listen, this has been up for a year, and i, and others said, let's get to it, get to it, and they did everything but this. they are on vacation now. they should have come back last week if it's that important. it doesn't get down. i hope i'm wrong, but people are depending on a type of certainty and stability. lou: interesting difference of view in the republican party. speaker boehner in his op-ed this week acknowledges that there would be significant disruptions as a result of sequester going into effect, yet, most of the republican parties say this is what we need, see spending cuts, need to take if on even if it's across the board and arbitrary. there is a real division right now working the republican party apparently; is that right? >> i have not heard so much let's just make the cuts and about it. i'm in the pentagon. i'll serve next week again, and i'm working in the national guard bureau, and th
's in charge and harry reid in charge of the senate. you'd thought we're in charge of everything, apparently. we're not. the president needs to show adership. the house already sent forth proposals, sitting on harry reid's desk, he's done absolutely nothing to bring this to a head. he'll put a bill up with a great title, went be what we want and force you to do it, and, by the way, blame the republicans when it doesn't happen, and then they get to it after, obviously, the march 1 #st deadline. lou: military pay will not be affected by sequester. there's the prospect of possible rolling furloughs, one day a week, several effects that civilian employees, a great number of them in the rollg fiduciary row situation, if it does, in fact, occur. the idea of a sequester turns out to have been -- it seems to me, a monumental misjudgment on the part of both parties and the president, and i can't believe we are sitting here march 1st, and neither the republica or the leadership says this is a stupid idea, and the only people with the power to correct a massively ignorant device we created, and the rep
, -- senate leadership seemingly trying every gambit to win the required 60 votes, harry reid even went so far as to scare republicans into advances hagel's nomination. >> if is shocking that my republican colleagues would leave the nation without a fully empowered secretary of defense. considering all of the things we have going on the world. lou: gathering, curious, concerned and amused looks, we have a defense secretary, he is none other than. the soon to be outgoing defense secretary leon panetta who has fledged he will remain in the job until his successor is sworn to office. republicans chose to block hagel's confirmation until they get awers from the white house on the president's role and his action during the benghazi terrorist attack on september 11 last year, yielding some what to that pressure today, the white house for the first time revealed in a letter that the president did not personally ask the libyan government for help. and acknowledged he relied on then secretary of state hillary clinton, to reach out on his behalf. that is a revelation that outraged senators lindsey graha
could bring this -- harry reid could bring this up and could have been working on it from day one, they have done the dog and pony show, with political theater of joint chiefs coming and everyone saying oh, this is terrible, this is terrible, and then they go on vacion, bottom line, they have been elected to do a job, and solve the problems, what do they do? they go onacation. they should have immediately been brought back. with all of the stuff going on with north africa, and syria and afghanistan, and other hot areas, what are they focused on? who are they going do layoff? how are they going to be laid off? when about contractual obligations, and union obligations, is it payback after in terms of us paying fines. neil: who came up with it? you were there. the president said, it was really a republican creation, and republicans say it was the president's creation. i remember covering it at the time. i was not in the seams of it, as you were, but it was like for both sides a back up backbone. like if we can't agree, maybe these cuts held in reserve will be there to make us come up
's comments come one day after majority leader harry reid said that he wants to get something done on guns. just what the pro-democrat means is up for interpretation. it may add up to nothing at all politically. mike emanuel has our report. >> president obama went to minneapolis hoping to build support for what he believes are common sense proposals to reduce gun violence. he chose minneapolis to spotlight steps it has taken. >> the city came together. we've launched a series of initiatives that have reduced the number of young people injured by guns by 40%. reporter: mr. obama asked the american people to take action. >> we do not have to agree on everything to agree that it is time to do something. the vast majority of americans, including a majority of gun owners, support requiring criminal background checks for anyone trying to purchase a gun. reporter: to the nra says it will turn into a registry of law-abiding people. >> it will never be universal. the criminals will not comply with it. they could care less. reporter: this super bowl ad, in part funded by michael bloomberg, goes afte
the so security age of one year harry reid said no. no change whatsoever. >> his version of bold talk is he used the word a modest. >> keep in mind there is a bold announcement 400 billion of bipartisan shares tt said this was a more irish. >> 2.5 trillion has been cut for what they wanted to increase. >> republicans don't kill anything. >> but with cuts it means reduced the rate of increase. the makeup that israel is when you take a program cut it, send workers home and put an extra legislation and close the building. to bring power to appellations has power know they put in broadband internet. the g.o.p. should find 10 programs and old and shut them down those are real cuts. john: "the washington post" had a great story this federal program wall died the christopher columbus fellowship program spending 80 percent of money in overhead even president obama requested to be cut four times, republicans introduced legislation, they cannot get rid of it because senator cochrane who has a contributor on the board preserves it. >> you don't have to go to an example like that, but also talk a
year and harry reid said no, no, no. >> state of the union is time for bold talk but his version is used the word modest. >> keep in mind there was a big announcement 400 billion that would be cut a piece said this was a rare irish. mo there is talking good games but that is cut for what they wanted to increase. >> republicans have not proposed to kill anything. >> it means you reduce the rate of increase but when you take a program, and it, send the workers some, close the door and ex out the legislation. the administration put in anng by fdr is still a place nowthe putting broadband there. the republicans should find an antiquated programs and ship them done -- down. the christopher columbus fellowship program, 80% to spend an overhead, even the president requested it closed fourd a greastor times, republicanswa introducedll legislation because senator cochran has a contributor on the board who preserves it. >> don't go to a silly example but talk about farm subsidies that is bipartisan agreement they are broken, in this same bill as food stamps, american farmers are not in tro
to senate democratic leader harry reid who did not get a call from the president today and bush and to pass one of two house republican plans to stop the sequestered. cantor declaring house republicans have acted, and it is time for the president and senate democrats to join us. it is time to get off of the campaign trail and get to work, show us with spending reductions you prefer and let's find some common ground. in a tit-for-tat fight, carney brought out shots on the president's own plans to cut spending and tried to turn the blame game back on publicans. >> there will be jobs and if the sequester takes place. the president will, as he continues to do, call on republicans in congress to agree to avoid the sequestered because it is a wholly unnecessary will run the economy if it were to take place. >> except there were others in the president's party like former democratic national committee chairman howard dean suggesting the president should let the sequester happen to slice the pentagon's budget. telling the huffington post, i am in favor of the sequestered. it is tough on things
, the next ten years, and harry reid told us it would not add to the deficit. the president even tried to call our fears about the increased cost saying that, you know, really the spending will be under control. we will cut our cost. what happened? >> well, it did not pan out that way which is one of the things that happens when we pass a really big deal, a couple of thousand pages long without giving people adequate opportunity to review it and figure out what the implications will be. so we are adding over a trillion to the debt of the next ten years. he will also be adding, according to this report, 12 million new beneficiaries to medicaid. this is a problem. gerri: right. it is astonishing, and remember when nancy pelosi said we will know what is in the bill when we read it. now we are finally finding of commands that me tell you, it is frightening. one of the things of the cbo found call entitlement spending, obamacare, medicare, medicaid, all of this together to met will exceed spending for everything else, even defense, social security, health care is going to be everything. is
to harry reid, nancy closely really also concur with. the math doesn't add up, if you can tax the rich at 100% it would not come close to covering our needs, this is a reallocation problem, this is a bad math problem and we can't sustain this and we want a government there is an argument to be made that they do want a bigger, better government, you will have to pay for it. you will have to pay a lot for people to provide, what you think of that? >> exactly. the path we're on right now is unsustainable. either we go the path europe has gone down with a statement economy and cons of unemployment, tons of people taxed to death, or the other path with a more economic freedom and people can decide what they want to do, government isn't taking care of you from cradle to grave and they make that hard choice because this is not sustainable. neil: could also be stating something america's might well come and be willing to pay a little bit more if they have a government that will do a little bit, presumably a lot more and might be okay with it but throwing it out there that it is inevitable, so
: >> r eporter: and by the way, the senate democratic leader, harry reid, said that he would have his first meeting in quite a while with speaker boehner later this week. david and liz? david: all right. well, you asked the right question. it wasn't for want of trying that you didn't get an answer of some kind. thank you, peter. we'll see more of you tonight. and tonight it all begins at 8 p.m. live coverage of the state of the union address hosted by my buddy, he is back and roaring, neil cavuto, delivering -- well, he's not delivering the state of the union, but perhaps someday he will. you never know with neil. nothing's going to stop him. liz: neil for president. we will have much more on the state of the union and the president's plan for economic growth when steve forbes joins us later this hour. david: also, where are companies turning to raise money? we're going to take a close look at why public debt and equity issues are falling at private -- and private issues are rising. this is a very interesting story about where companies are getting cash. details in a moment. ♪ today
stuart: we just had time to squeeze in the "highlight reel." >> president obama and harry reid wants more "revenue." >> and looking to expand it. >> republicans would have been blamed for any tax increase on the middle class. >> the end result being he takes more money off of wealthy people. >> it slows us down gradually. >> many can say texas don't matter. of course they will in the long run. stuart: here we come. what a perfect moment to throw it to dagen and connell. connell: good morning, everyone. dagen: america is a good bet. here to tell you why. connell: one of our guests in this hour could be the next energy secretary. dagen: more on the power outage and the record-breaking at cbs sports for that incredible game. connell: and cyber attacks, the white house considering action against china. dagen: i had the ravens, did you? by a field goal, 27-24. connell: nobody knows football like dagen mcdowell. clearly. dagen: stocks now has to do every 15 minutes, nicole petallides at the new york stock exchange. nicole: a good bet going. if yo you're betting on the mar, 14,000 mar
. ashley: in separate interviews sunday, both president obama and harry reid called for more revenue, only meaning one thing, higher taxes. this, of course, comes on the heels of an unexpected economic contraction in the fourth quarter and a rise in the unemployment rate. joining me now, fox news' senior judicial analyst. >> smiling because i'm happy to be here, but hard to smile with more taxes. didn't we just give him all the taxes he asked for a month or so ago? this is a mentality that believes in redistricting wealth. we're seeing the president at his most progressive capital "p" as jfk and woodrow wilson after the inaugural address. seems to me and those who watch this for a living that he's determined to imprint a big government brand of government into the fabric of federal law, even more than he attempted to do in the first administration. tracy: to call taxes slavery, that leads people to believe they don't have to pay them. >> if you believe the only legitimate commercial transaction is a voluntary one, then you can argue that taxes are theft and slavery because it's -- i'm not
cuts, john boehner says he will be meeting with harry reid later this week to talk about this. dennis: a reminder, we got the guy who delivered the tea party response to the president last night, senator rand paul coming up in 20 minutes. sandra: president obama giving apple founder tim cook a big shot out at the state of the union, the company announcing its plan to bring back manufacturing jobs back to the united states and this may seem encouraging, the michigan manufacturing technology center estimates it will only create 200 jobs. shares of apple shared 10% of their value over the last month up slightly in today's session, $468 a share. dennis: the nightmare is not over for the 3,000 people aboard the carnival triumph, the disabled cruise ship being towed to alabama after suffering a fire that caused it to lose power. the ship left galveston, texas last thursday with 3,000 passengers and 3,000 crewmembers. the fire broke out in the engine room sunday morning when the ship was 150 miles off of the coast of the yucatan peninsula. that caused it to lose power and remain adrift at se
that is on rocky ground, huh? >> a lot of high drama in that today. tomorrow democratic leader harry reid scheduled a vote on the nomination and republicans are threatening to filibuster it. now this would be the first time that in history we believe that, if it is successful that a cabinet nominee will have been filibustered. some republicans want more information about benghazi which senator hagel testified on. they want more information about some controversial speeches that he may have made. and there is, though there is some talk that perhaps, while they try to work through the process, and avoid the filibuster vote which could be embarrassing they might end up delaying it until congress comes back from its recess. trace? tracy: drama in d.c. peter barnes. who would have thought. ashley: just for a change. tracy: who would have thought. ashley: thank you. it is coming up quarter past the hour, we'll check back with nicole now on the floor of the new york stock exchange. desperately trying to get back to even on the dow, nicole. not quite making it yet. >> if you take cisco systems out you migh
said that it was his refusal and of harry reid, he is again violating the law of the land that does not put forward a budget. this is all, remember they used to say there is no drama obama. he is all about drama. this is reaching absurd proportions. it is very dangerous but the president is doing. this is a leadership vacuum that you are watching right now in washington, d.c. it is deeply disturbing to watch it unfold. melissa: especially when you listen to the language that he is using and you realize ever want at the table is speaking a completely different language. when you are trying to make a deal with someone, you try to understand what the other person is saying. it is the opposite of what we are seeing here completely. lou: a glimpse of the apocalypse. the markets, i believe, right now we are up a few points from when he actually began talking. we will see this market begin to yield to the sheer weight of the uncertainties that are compounding in washington, d.c. you cannot continue along this path. both parties talk about sustainability. this is simply not sustainable. the
Search Results 0 to 21 of about 22 (some duplicates have been removed)